Securian Asset Management Inc. Has $2.83 Million Stock Position in Ford Motor (NYSE:F)

Securian Asset Management Inc. reduced its position in Ford Motor (NYSE:F) by 1.9% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 225,488 shares of the auto manufacturer’s stock after selling 4,384 shares during the quarter. Securian Asset Management Inc.’s holdings in Ford Motor were worth $2,828,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of F. Olistico Wealth LLC acquired a new stake in shares of Ford Motor during the 2nd quarter valued at $25,000. Fortis Group Advisors LLC boosted its stake in shares of Ford Motor by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 2,172 shares of the auto manufacturer’s stock valued at $26,000 after purchasing an additional 1,086 shares in the last quarter. Voisard Asset Management Group Inc. bought a new stake in shares of Ford Motor during the fourth quarter worth about $27,000. Financial Synergies Wealth Advisors Inc. increased its stake in shares of Ford Motor by 1,997.9% in the first quarter. Financial Synergies Wealth Advisors Inc. now owns 2,035 shares of the auto manufacturer’s stock valued at $27,000 after buying an additional 1,938 shares during the period. Finally, Fairman Group LLC bought a new position in Ford Motor in the 4th quarter valued at approximately $31,000. Institutional investors and hedge funds own 58.74% of the company’s stock.

Insider Activity at Ford Motor

In other news, Director Jon M. Huntsman, Jr. sold 81,234 shares of the business’s stock in a transaction that occurred on Friday, May 24th. The shares were sold at an average price of $12.09, for a total value of $982,119.06. Following the completion of the sale, the director now directly owns 168,601 shares in the company, valued at approximately $2,038,386.09. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.80% of the stock is currently owned by insiders.

Ford Motor Price Performance

F traded down $0.20 on Monday, reaching $9.90. The company had a trading volume of 33,061,168 shares, compared to its average volume of 55,228,188. The company has a debt-to-equity ratio of 2.30, a quick ratio of 1.00 and a current ratio of 1.17. Ford Motor has a 52-week low of $9.49 and a 52-week high of $14.85. The company has a market cap of $39.52 billion, a price-to-earnings ratio of 10.25, a P/E/G ratio of 0.75 and a beta of 1.62. The business has a 50 day simple moving average of $12.21 and a 200 day simple moving average of $12.34.

Ford Motor (NYSE:F) last posted its quarterly earnings data on Wednesday, July 24th. The auto manufacturer reported $0.47 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.21). The company had revenue of $47.81 billion for the quarter, compared to the consensus estimate of $47.79 billion. Ford Motor had a return on equity of 15.28% and a net margin of 2.13%. The business’s revenue was up 6.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.72 earnings per share. As a group, sell-side analysts anticipate that Ford Motor will post 1.94 EPS for the current year.

Ford Motor Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 3rd. Stockholders of record on Wednesday, August 7th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, August 7th. This represents a $0.60 annualized dividend and a dividend yield of 6.06%. Ford Motor’s dividend payout ratio (DPR) is presently 61.86%.

Analyst Ratings Changes

F has been the topic of a number of research reports. The Goldman Sachs Group reduced their target price on shares of Ford Motor from $14.00 to $12.00 and set a “neutral” rating on the stock in a report on Thursday, July 25th. StockNews.com upgraded Ford Motor from a “sell” rating to a “hold” rating in a report on Friday, August 2nd. Barclays cut their target price on Ford Motor from $17.00 to $16.00 and set an “overweight” rating on the stock in a report on Thursday, July 25th. UBS Group increased their price target on Ford Motor from $13.00 to $14.00 and gave the company a “neutral” rating in a research note on Thursday, April 25th. Finally, Evercore ISI raised Ford Motor to a “hold” rating in a research note on Friday, July 26th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, Ford Motor presently has a consensus rating of “Hold” and a consensus target price of $13.48.

About Ford Motor

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.